Swiss Regulatory Insights 2025-2027
Top 10 Banking Sector Regulations
Basel III Final
Banking Sector Regulation
Main Objective
Strengthen capital, leverage ratio, and liquidity
Key Challenges
Financial stability, international alignment
Start Date
Adoption 2023-2024
Expected Implementation
January 1, 2025
Enhanced Granular Loan Survey (EKE/EGP)
Banking Sector Regulation
Main Objective
Monthly detailed credit exposure data collection
Key Challenges
Accurate credit risk monitoring, improved reporting
Start Date
Project launched 2024
Expected Implementation
Q1 2027, overlap 12-18 months
Too Big To Fail (TBTF) Reform
Banking Sector Regulation
Main Objective
Increase capital requirements for systemic banks
Key Challenges
Protect economy and taxpayers, better crisis handling
Start Date
Consultation 2025
Expected Implementation
End 2025-2026
Beneficial Ownership Transparency Law (LTPM)
Banking Sector Regulation
Main Objective
Federal register of beneficial owners
Key Challenges
Transparency, anti-money laundering
Start Date
Consultation 2024-25
Expected Implementation
Expected 2026-2027
AML Act Revision (LBA)
Banking Sector Regulation
Main Objective
Strengthen due diligence and reporting
Key Challenges
AML prevention, international cooperation
Start Date
Partially effective 2023
Expected Implementation
Evolutions until 2027
FINMA Circular 25/04 (Group Supervision)
Banking Sector Regulation
Main Objective
Regulate group-level financial supervision
Key Challenges
Clarify scope and requirements for banking groups
Start Date
Published Feb 2025
Expected Implementation
July 1, 2025
FATCA and Automatic Info Exchange Revision
Banking Sector Regulation
Main Objective
Modernize international tax data exchange
Key Challenges
Compliance with tax obligations, reduce evasion
Start Date
Consultation 2024
Expected Implementation
Progressive 2025-2026
FINMA Ordinances (Risk and Liquidity Management)
Banking Sector Regulation
Main Objective
Update risk and liquidity rules
Key Challenges
Replace old circulars, strengthen prudential framework
Start Date
Developed 2025
Expected Implementation
January 1, 2027
Systemic Banks Remuneration Regulation
Banking Sector Regulation
Main Objective
Regulate incentive schemes
Key Challenges
Limit risky behavior, increase accountability
Start Date
Debates 2025
Expected Implementation
Expected 2026-2027
Artificial Intelligence Regulation
Banking Sector Regulation
Main Objective
Govern AI use in finance
Key Challenges
Algorithmic risks, transparency and ethics
Start Date
Monitoring intensified 2024
Expected Implementation
Progressive 2025-2027
Top 10 Insurance Sector Regulations
Financial Services Act (LSFin)
Insurance Sector Regulation
Main Objective
Client protection, diligence, transparency
Key Challenges
Strengthen consumer protection, oversight of intermediaries
Start Date
Since 2020
Expected Implementation
Ongoing regulatory evolution
Health Insurance Act Reform (LAMal)
Insurance Sector Regulation
Main Objective
Improve system management and benefits
Key Challenges
Quality of care, sustainable financing
Start Date
Consultation 2024
Expected Implementation
Through 2027
Insurance Intermediaries Remuneration
Insurance Sector Regulation
Main Objective
Ethical limits on commissions and marketing
Key Challenges
Consumer protection and ethical sales practices
Start Date
Sept 2024
Expected Implementation
Effective
Health Insurance Premium Adjustments
Insurance Sector Regulation
Main Objective
Align premiums with costs and demographics
Key Challenges
Maintain access and control cost inflation
Start Date
2024
Expected Implementation
Annual ongoing
Pillar 3a Withdrawal Flexibility
Insurance Sector Regulation
Main Objective
Provide more flexibility in private pensions
Key Challenges
Enhance individual financial security
Start Date
Gov decision 2024
Expected Implementation
2025-2026
Occupational Pension Scheme Reforms
Insurance Sector Regulation
Main Objective
Adjust contributions and benefits
Key Challenges
Pension system sustainability
Start Date
2024-2025
Expected Implementation
2025
Complementary Insurance Regulation
Insurance Sector Regulation
Main Objective
Harmonize and simplify rules
Key Challenges
Better clarity and consumer protection
Start Date
2023-2024
Expected Implementation
Progressive 2025
FINMA Prudential Supervision Strengthening
Insurance Sector Regulation
Main Objective
Deepen risk self-assessment and control
Key Challenges
Secure financial health and risk management
Start Date
Ongoing
Expected Implementation
Through 2027
Implementation of ORSA
Insurance Sector Regulation
Main Objective
Strengthen internal risk and solvency evaluation
Key Challenges
Align to international standards and improve controls
Start Date
Progressive
Expected Implementation
2025-2027
ESG Directive and Climate Reporting
Insurance Sector Regulation
Main Objective
Integrate ESG and climate risks
Key Challenges
Transparency and sustainable adaptation
Start Date
Began 2022
Expected Implementation
Strengthened by 2025-2027
Top 10 Oil & Energy Sector Regulations
CO2 Act Revision (2025-2030)
Oil & Energy Sector Regulation
Main Objective
Significant reduction in greenhouse gases (GHG)
Key Challenges
Align with Paris Agreement, limit emissions
Start Date
Law adopted 2024
Expected Implementation
Effective Jan 1, 2025
Climate and Innovation Law (LCI)
Oil & Energy Sector Regulation
Main Objective
Net-zero carbon by 2050
Key Challenges
Promote green technologies and energy transition
Start Date
Adopted 2023
Expected Implementation
Effective since 2025
Revised Federal Energy Act (LEne)
Oil & Energy Sector Regulation
Main Objective
Safe and renewable energy supply
Key Challenges
Develop renewables, increase efficiency
Start Date
Project adopted 2024
Expected Implementation
Partial 2025-2026
CO2 Ordinance Revision
Oil & Energy Sector Regulation
Main Objective
Sector targets, carbon tax
Key Challenges
Financial incentives to reduce fossil fuel usage
Start Date
Adopted 2024
Expected Implementation
Since 2025
Renewable Fuels Law
Oil & Energy Sector Regulation
Main Objective
Promote sustainable fuel mix
Key Challenges
Develop biofuels, reduce fossil fuel carbon intensity
Start Date
In discussion
Expected Implementation
Phased 2025-2027
Cantonal Climate Plans
Oil & Energy Sector Regulation
Main Objective
Adapt local policy to national goals
Key Challenges
Strengthen local climate policies
Start Date
Ongoing
Expected Implementation
Implementation ~2026
EU Directive Alignment
Oil & Energy Sector Regulation
Main Objective
Harmonize with EU environmental standards
Key Challenges
Upgrade infrastructures and compliance standards
Start Date
In progress
Expected Implementation
2025-2030
Carbon Tax on Fossil Fuels
Oil & Energy Sector Regulation
Main Objective
Encourage reduction in fossil energy use
Key Challenges
Influence consumption behaviors
Start Date
Effective 2025
Expected Implementation
Ongoing
ESG Reporting and Transparency
Oil & Energy Sector Regulation
Main Objective
Incorporate environmental, social, governance criteria
Key Challenges
Investor pressure, regulatory compliance
Start Date
Debates ongoing
Expected Implementation
Strengthened by 2025-2027
Organizational and Technological Transformation
Oil & Energy Sector Regulation
Main Objective
Adapt to regulations and innovation
Key Challenges
Digital transition, energy optimization, innovation
Start Date
Ongoing
Expected Implementation
2025-2030